USA HISTORY

AMERICAN IMPERIALISM 1890 1919

AMERICAN IMPERIALISM

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What agency was responsible for ensuring the cooperation of American businesses and industries during World War I?
A
Railroad Administration
B
War-Industries Board
C
Committee on Public Information
D
Liberty Bonds
Explanation: 

Detailed explanation-1: -The War Industries Board (WIB) was a United States government agency established on July 28, 1917, during World War I, to coordinate the purchase of war supplies between the War Department (Department of the Army) and the Navy Department.

Detailed explanation-2: -General Hugh Johnson, a veteran of the War Industries Board and friend of Baruch, was put in charge.

Detailed explanation-3: -Woodrow Wilson appointed Bernard Baruch to head the War Industries Board to coordinate production of war material during World War I.

Detailed explanation-4: -1941–1945. The Federal Reserve supported the war effort in several ways: it helped finance wartime spending, fund our allies, embargo our enemies, stabilize the economy, and plan the return to peacetime activities. The Great Depression strained societies around the globe.

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